Automotive Glass Market to be Worth $28.3 Billion by 2031

Explore $28.3 billion Automotive Glass Market: Get exclusive insights on key market trends, segments, geographical analysis, & competitive analysis!The Automotive Glass Market is Projected to Reach $28.3 billion by 2031, at a CAGR of 8.9% from 2024 to 2031. The growth of the automotive glass market is attributed to the growing demand for electric and hybrid vehicles, increasing sales of vehicles, and increasing penetration of sunroof in passenger cars. However, the high initial and set-up costs of automotive glass plants and fluctuations in raw material prices restrain the market’s growth.

Moreover, the increasing use of smart glass in the automotive industry offers significant opportunities for the growth of the global automotive glass market. However, safety concerns regarding laminated glass pose a challenge to the market\'s growth.